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Microgates Industries bond has a 10% coupon rate and a $ 1,000 par value. Interest is paid semi-annually and the bond has 10 years to

Microgates Industries bond has a 10% coupon rate and a $ 1,000 par value. Interest is paid semi-annually and the bond has 10 years to maturity. If investors require a 12% return, what is the bond's va...

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